There’s an extra reason to keep your expression of wish forms up to date — that is the decision to include unused defined contribution pensions in your estate for inheritance tax purposes from April ...

Loved ones inheriting money, property and other assets paid a record amount in inheritance tax (IHT) last year, according to today’s (23 April) update from HMRC. Official figures show ...

Inheritance tax takings soared to a new high in the year to March as rising asset values and frozen thresholds dragged more estates into the net. HM Revenue and Customs (HMRC) raked in £8 ...

Dear Eric: Over the years I noticed one of my spouse’s sisters seemed generally overly sensitive with sudden emotional outbursts and a tendency to play the victim. My spouse’s last living ...

With inheritance tax (IHT) bills rising fast, giving financial gifts to your loved ones early could be a great way to reduce your inheritance tax bill. Last tax year, IHT revenues hit a record ...

Have you been dragged into paying inheritance tax? Get in touch: [email protected]. Bereaved families paid a record-breaking £8.2bn in inheritance tax last year, ahead of Labour’s death ...

Inheritance tax receipts reached another record high in the last tax year, as frozen thresholds dragged more people into the net. The latest HMRC figures show IHT receipts from April 2024 to M ...

Experts have warned that it’s a “risky oversight” to ignore, and that it could save families thousands of pounds in inheritance tax (IHT) by sorting it out. Clare Stinton, head of workplace ...

HMRC is set to raise £110mn annually by cutting inheritance tax relief on AIM shares. A Freedom of Information request by TWM Solicitors, revealed the changes, with the firm suggesting ...

Spouse and the other siblings decided to let her get her way, resulting in her inheriting a very, very sizable inheritance, much more than any of the siblings. It became clear that spouse and ...

Over half a million people are enhancing their State Pension by more than £5,000 per year through inheritance. A Freedom of Information (FOI) request by pensions mutual Royal London revealed that ...